Val Mindak, president and CEO of Park City Credit Union in Merrill, Wis., has been appointed by the Federal Reserve Bank of Minneapolis to its Community Depository Institution Advisory Council.
Mindak has been at the helm of the $216 million-asset Park City CU for 10 years. She has served in the credit union movement for more than 39 years. She is the current chair of the Wisconsin Credit Union League’s board of directors.
“I am excited to welcome the new council members to the bank, and I look forward to hearing their unique and diverse perspectives,” Minneapolis Fed President Neel Kashkari said in a press release. “Members provide valuable input not just on the state of banking in the Ninth District; they also give us insight into the region’s economy.”
The appointment of Mindak represents the second time in two months a credit union CEO has been tapped to serve on a regional advisory council. In February, Bill Schirmer, president and CEO of Evansville Teachers Federal Credit Union in Evansville, Ind., was
The CDIAC “provides information, advice, and recommendations” to Kashkari from the point of view of credit unions and banks with less than $10 billion in assets, according to the press release.
